Record earnings for South Korean league

(Reuters) - South Korean baseball underlined its continuing growth by posting a record $33 million in revenue last year, local media reported on Wednesday.Winning gold at the Beijing Olympics and finishing runners-up at the 2009 World Baseball Classic boosted baseball's popularity and attendances crossed the 7 million-mark for the first time last year, Yonhap News agency reported.The league pocketed...

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Samsung's big push for 2013: content, corporates

LAS VEGAS (Reuters) - Samsung Electronics, the global leader in consumer smartphones, is planning two major thrusts in 2013: bulking up mobile content and moving faster into the corporate market dominated by Research in Motion.The South Korean electronics company is investing in devices that enterprise users like corporations will endorse, with a higher level of security and reliability than general...

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ZTE Grand S ‘phablet’ announced with a quad-core CPU and 1080p display

ZTE (0763) on Tuesday became the latest company to showcase a full HD “phablet” at the Consumer Electronics Show in Las Vegas. The Android-powered Grand S smartphone comes with a 5-inch 1080p display, a quad-core Snapdragon S4 processor clocked at 1.7GHz and a 13-megapixel rear camera. The handset is also remarkably thin, measuring in at a mere 6.9 millimeters, and also includes 2GB of RAM, 16GB...

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Flextronics looks to Android for manufacturing innovation

LAS VEGAS (Reuters) - Flextronics International Ltd's recent agreement to take over Motorola Mobility's factories amounts to a big bet by the contract manufacturer on Google Inc's Android ecosystem, a senior executive said."We're doubling down on Android because we believe strongly in Google's innovative capability and ability to be a leader like Microsoft and Apple in iconic hardware," said Mike...

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Credit score focus of new celeb-backed debit card

NEW YORK (AP) — Personal finance media personality Suze Orman is thinking big. She's the   first out of the gate in the fast-growing prepaid debit card market with a card that aims to help its users build a credit score. It's a gamble that could pay off, if it can help create a way measure the creditworthiness of millions who function outside the traditional financial system.The latest...

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Low prices boost SF home sales to 5-year Jan. high

LOS ANGELES (AP) — Home sales in the San Francisco Bay area reached a five-year high for January, as prices and mortgage rates plunged, a real estate tracking firm reported Thursday.However, many of those purchases involved properties that were subject to foreclosures or short sales, indicating the housing market is far from recovered.The survey by San Diego-based DataQuick also showed the median...

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Why the Slowest Investors Win the Race

Anyone who attended kindergarten remembers Aesop's fable about the tortoise and the hare. The story's moral has implications for investors: Slow but steady wins the race.Hare investors try to sprint to the finish line of a comfortable retirement without girding their portfolios against the perils of volatility — frequent ups and downs in asset value. So they tend to lag far behind tortoise investors,...

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Ichiro's patience snaps with Yankees: report

TOKYO (Reuters) - Japanese outfielder Ichiro Suzuki has lost patience with the New York Yankees over a contract extension and has begun talking with other teams, his agent said on Friday.The Yankees have been busy locking up their principle pitchers, paying Hiroki Kuroda $15 million, Andy Pettitte $12 million and Mariano Rivera $10 million, drawing frustration from Ichiro."At the beginning we talked...

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Yankees' Rodriguez to have hip surgery

NEW YORK (Reuters) - New York Yankees third baseman Alex Rodriguez will likely miss the start of the 2013 Major League Baseball (MLB) season because of hip surgery, the team said on Monday.The 37-year-old Rodriguez, MLB's active home runs leader, must complete a four-to-six week pre-rehabilitation regimen before having a left hip arthroscopy in January that will require four to six months of recovery,...

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Ex-baseball star Lenny Dykstra sentenced in bankruptcy fraud case

LOS ANGELES (Reuters) - Lenny Dykstra, the 1980s World Series hero who pleaded guilty earlier this year to bankruptcy fraud, was sentenced on Monday to six months in federal prison and ordered to perform 500 hours of community service.The 49-year-old former ballplayer - who is already serving time in state prison for grand theft auto, lewd conduct and assault with a deadly weapon - was also ordered...

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